Stocks plunged on Trinidad & Tobago Stock Exchange

Stocks plunged in trading on the Trinidad and Tobago Stock Exchange at the close on Wednesday and resulted in just one stock rising, 10 declining and 10 ending unchanged as a total of 21 securities traded compared to 20 on Tuesday leaving the main indices with big losses.
At the close the Composite Index dropped 18.52 points to 1,450.40, the All T&T Index plunged 40.15 points to settle at 2,090.44, but the Cross-Listed Index popped 0.65 points to settle at 107.20.
A total of 426,637 shares traded for $5,652,647 versus 764,642 units at $6,019,343 on Tuesday. An average of 20,316 units traded at $269,174 down from 38,232 shares at $300,967 on Tuesday, with trading month to date averaging 35,250 units at $434,565 versus 36,909 units at $452,942 previously. The average trade for February amounts to 47,858 units at $516,870.
Investor’s Choice bid-offer indicator shows five stocks ended with bids higher than their last selling prices and four with lower offers.
At the close, Agostini’s lost 25 cents to end at $49.75 after exchanging 21 shares, Ansa McAl ended unchanged at $57 in swapping 44,403 stock units, Calypso Macro Investment Fund advanced 19 cents to close at $17.25 with 1,757 units changing hands. Clico Investment Fund finished at $29 trading 26,849 stocks, First Citizens Group fell $4.99 in ending at $54 after an exchange of 610 stocks, FirstCaribbean International Bank remained at $6.08, with 34,730 stock units crossing the exchange. GraceKennedy shed 1 cent in closing at $5.99 crossing trading 1,000 shares, Guardian Holdings declined 50 cents to close at $29 in switching ownership of 1,104 units, JMMB Group finished at $2.25 after exchanging 10,000 shares. L.J. Williams B share remained at $2.10 with the swapping of 25 units, Massy Holdings dropped 10 cents to close at $5.90, with 288,551 stocks clearing the market, National Enterprises dropped 7 cents in closing at $2.85 after trading 7,106 stock units. NCB Financial Group lost 30 cents ending at a 52 weeks’ low of $6.20 after finishing trading 4,000 units, One Caribbean Media shed 5 cents to end at $4.15, with 1,000 stocks crossing the market, Point Lisas ended at $3.50, with 50 shares changing hands. Prestige Holdings closed at $7.10 while exchanging 100 stock units, Republic Financial Holdings finished at $140 with an exchange of 286 shares, Scotiabank fell $3.99 to end at $78 in switching ownership of 1,225 units. Trinidad & Tobago NGL declined $1.82 to $19.03 with the swapping of 1,000 stock units, Trinidad Cement remained at $3.75 trading 10 stocks and West Indian Tobacco finished at $24 in exchanging 2,810 units.
Prices of securities trading are those for the last transaction of each stock unless otherwise stated.